Business
Odysight.ai Reports Full Year 2024 Financial Results and Provides Business Update
OMER, Israel, March 26, 2025 (GLOBE NEWSWIRE) -- Odysight.ai Inc. (NASDAQ: ODYS), a leading provider of visual based predictive maintenance (PdM) and condition-based monitoring (CBM) solutions, announces its full year 2024 financial results and provides a business update. Key highlights ●2024 annual revenues of approximately $4 million, reflecting YoY growth of 31%. ●Inaugural Aerospace revenues, increasing the backlog1 by more than 450% to approximately $15 million focused on Aerospace. ●Secure
About this update from Odysight.ai Inc.
[{"type":"image","alt":"Odysight.ai Inc.","displaySize":"","headline":null,"caption":"Odysight.ai Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":57,"url":"https://media.zenfs.com/en/globenewswire.com/9bed414899abfcfb77ba5563f78f82ae"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ZKytNytEoT0Ep4zdFCVJNg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTgwO2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/9bed414899abfcfb77ba5563f78f82ae","width":300,"height":57}},"lazy":false},{"type":"text","content":"OMER, Israel, March 26, 2025 (GLOBE NEWSWIRE) -- Odysight.ai Inc. (NASDAQ: ODYS), a leading provider of visual based predictive maintenance (PdM) and condition-based monitoring (CBM) solutions, announces its full year 2024 financial results and provides a business update.","length":272,"tagName":"p"},{"type":"text","content":"Key highlights","length":14,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"style":"vertical-align:top;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"vertical-align:top;","val":[{"type":"text","content":"●","length":1,"tagName":"p","attribs":{}}]},{"style":"text-align:justify;vertical-align:middle;text-align:justify;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"2024 annual revenues of approximately $4 million, reflecting YoY growth of 31%.","length":79,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:top;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"vertical-align:top;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:justify;vertical-align:middle;text-align:justify;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:top;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"vertical-align:top;","val":[{"type":"text","content":"●","length":1,"tagName":"p","attribs":{}}]},{"style":"text-align:justify;vertical-align:middle;text-align:justify;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"Inaugural Aerospace revenues, increasing the backlog1 by more than 450% to approximately $15 million focused on Aerospace.","leng...